“We look forward to continuing to use ThoughtSpeed's leading edge web-based Order Management System in support of our business while offering a positive ordering experience for our clients” says Sav DiPasquale, President, CPDN.

ThoughtSpeed™ eCommerce Ltd. and the Canadian Pharmaceutical Distribution Network (CPDN) are pleased to announce the extension of their 7-year partnership agreement servicing the Canadian Healthcare Supply Chain industry for an additional three years with a mutual 2-year option past September 2018.

Since June 2009, ThoughtSpeed™ has provided its “web-facing” order management application and portal to every hospital in Canada for CPDN and its 22 globally recognized drug manufacturer members. Since that time, over $5 Billion of pharmaceutical orders have been processed and application service availability has been in excess of +99.999 percent. ThoughtSpeed, working with CPDN’s other strategic partner, Lynden International Logistics, has provided CPDN with an enviable industry best practice solution.

Accessed in over 1000 locations and 800 hospitals, ThoughtSpeed™’s eHealthSys™ provides users with real-time inventory, order validation, contract pricing and order tracking visibility. Orders are placed using EDI, electronic upload from legacy systems as well as manual input. Sophisticated real-time reporting, analytics and dashboards are available through ad-hoc report generation. Reports are produced to provide up to 12 months of order activity on demand. CPDN members are benefitting from the new Demand Planning and Forecasting Module, which launched on March 1st, 2016.

“I’m pleased that we have extended our agreement with ThoughtSpeed™ and that we will continue to work closely over the next three years.” says Sav DiPasquale, President, CPDN. “We look forward to continuing to use this leading edge web-based Order Management System in support of our business while offering a positive ordering experience for our clients.”

About ThoughtSpeed™

ThoughtSpeed™’s multi-lingual Web Order Management System (OMS) is accessed daily by healthcare practitioners and professionals across Canada. The system enables flawless execution of Order-to-Cash Management with unparalleled scalability, reliability, and security.

This unique “bolt-on” technology allows for rapid and seamless integration with existing applications such as major ERP’s (SAP, ORACLE, JD Edwards, etc.) and industry leading Warehouse Management solutions (WMS).

eHealthsys™ broadens the sales and market reach of all manufacturers and suppliers servicing the healthcare marketplace.

For 20 years, CPDN (http://www.cpdn.ca ) has been a leading distribution channel to Canadian hospitals looking for an alternative to traditional, and more costly, intermediaries. CPDN Members maintain their unique customer data by using the CPDN offerings through direct, consolidated distribution and technology services.